According to the latest research, the UK’s financial technology (fintech) industry has helped to boost US investment. US venture capital firms have invested a record amount into UK companies this year, being involved in £3.4 billion worth of deals so far this year. Monzo, the London-based fintech firm, saw one […]
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According to the latest research, 54 per cent of UK small and medium-sized enterprises (SMEs) are not prepared for Brexit. The figures come from the Q3 SME Confidence Tracker by Bibby Financial Services and found that 3.1 million businesses had not prepared for the 31 October 2019 Brexit deadline, which […]
British beef is set to be exported to China after a trade deal between the UK and China was finalised. China could see British beef by Christmas after Chinese Government officials signed a protocol agreement to export beef from the UK for the first time in 20 years since a […]
The UK has agreed a post-Brexit trade deal with Morocco, with trade between the two countries totalling £2.5 billion in 2018. The deal means that the UK has now secured trade deals with countries that accounted for £109 billion in trade last year. According to official figures from the Office […]
The UK’s trade deficit has reached its widest level in eight years, with the UK exporting £104.7 billion more services than it imported. Data from the Office for National Statistics (ONS) indicates that the trade deficit reached £37.7 billion last year, which is 1.8 per cent of the UK’s GDP. […]
According to a new study by trade body RenewableUK, the country’s onshore and offshore wind, wave and tidal energy companies are now generating up to £53 million per company per year through exports. These businesses are now selling their products and services to 37 countries across six continents. Combined the […]
There has been an increase in the number of countries outside of the EU importing British goods and services, according to the latest figures from the Office for National Statistics (ONS). Exports to non-EU countries are growing twice as fast as those in the EU. This is largely due to […]
British beef is set to be exported to China after a trade deal between the UK and China was finalised. China could see British beef by Christmas after Chinese Government officials signed a protocol agreement to export beef from the UK for the first time in 20 years since a […]
Small to medium-sized enterprises’ (SMEs) export potential is being hampered by their access to finance, according to the latest research. The research, conducted by the UK’s export credit agency, Capital Economics for UK Export Finance (UKEF), indicated that more than half of all SMEs have stated that finance is a […]
The World Bank has ranked the UK in eighth position globally for ease of doing business ahead of several developed European nations. The new ranking – one ahead of its previous position – means that the World Bank believes that the is the second-best place to do business in the […]